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Sebi reconstitutes AIPAC; focus now on accreditation

Financial Express Mumbai

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October 18, 2025

THE SECURITIES ANI Exchange Board of India (Sebi) has reconstituted its Alternative Investment Policy Advisory Committee (AIPAC) for the second time since the inception in 2015.

- NESIL STANEY

The 20-member committee had expanded to 25 in 2022 and now has 22 members.

Janmejaya Sinha, who is also the chairperson of Boston Consulting Group (BCG) in India, had replaced Narayana Murthy, the previous chairperson, as the chair of AIPAC.

The newly appointed members include Rajan Anandan, managing director at Peak XV Partners; Rajiv Raghunandan, a partner of Arali Ventures; Vineet Rai, chairman of Aavishkar Group; Shweta Rajpal Kohli, president and CEO of Startup Policy Forum, and Jiju Vidyadharan, senior director, Crisil Intelligence.

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